Tag: update
US Q1 2024 Business-to-Business Labor Market Update: The Worst May Be Over for Software Development Job Postings
US Q1 2024 Business-to-Business Labor Market Update: The Worst May Be Over for Software Development Job Postings – Indeed Hiring Lab Share Open Menu angle-down Share
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July 2024 Labor Market Update: Slowdown in Posted Wage Growth Suggests the Market Has Found a Groove
In a sign of a rebalanced labor market, growth in wages and salaries advertised in job postings has leveled off at its pre-pandemic pace. Key points: Annual posted wage growth has registered 3.1% in each of the past three months and is in line with the pre-pandemic average. This stabilization is broad-based, with steady wage …
May 2024 US Labor Market Update: How Much Further Can Job Openings Safely Fall?
Job openings don’t have much further to fall to return to the rough pre-pandemic balance between openings and unemployment, and by some measures may already be there. Key points: Job openings have fallen more than 30% from their peak, but unemployment has only gradually drifted upward. A review of models from leading economists on the …
Indeed’s Mid-Year UK update shows job postings down 20%
Job postings on Indeed are down 20% over the past year as labour market softens Despite this cooling, wage growth has risen to a four-month high of 6.5% year-on-year, led by lower-paid jobs Foreign jobseeker interest is up 40% since pre-Covid, but the roles they’re drawn to remain hard-to-fill, meaning barriers remain in hiring this …